NIM nimy resources limited

does anyone have an insight - outside of whats been announced...

  1. 85 Posts.
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    does anyone have an insight - outside of whats been announced about the processing of rare earths and recovery of gallium from such. I may be putting the cart before the horse.
    but seems to my limited knowledge that's its a complicated process recover gallium upwards of $500usd kg which does not include mining costs. gallium sells for around $1000usd kg.
    global market last year was circa 80 metric tonnes

    I realise there will also be value in the other essential rare earths.

    but extracting gallium through chemical reaction whilst processing bauxite for aluminium is circa $30 usd kg. and can be created endlessly.

    if I can find this out from google. maybe this is why the needle has not moved.

    just wondering if anyone else has better more accurate information.
 
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Last trade - 15.47pm 30/07/2025 (20 minute delay) ?
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